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AIG Investigator: Where the Billions Went
1:49 pm – 1:49 pm | No Comment
AIG Investigator: Where the Billions Went

The New York Times
Neil M. Barofsky is not a household name like some special investigators of the past — Kenneth Starr during the Clinton administration or Archibald Cox in the Watergate years.
But increasingly, Mr. Barofsky …

Yellen’s Deflationist ‘Black Hole’
8:32 am – 8:32 am | No Comment
Yellen’s Deflationist ‘Black Hole’

By Erwan Mahe on Seekingalpha.com
As the Federal Reserve has kindly revealed the keys to a future tightening of its monetary policy in the wake of its latest FOMC meeting:
The Committee will …

CHANNEL 4 NEWS: Should Banks Break-up?
1:33 pm – 1:33 pm | 3 Comments
CHANNEL 4 NEWS: Should Banks Break-up?

Larry McDonald is in the “break-up” camp. “Our regulators worldwide allowed Lehman Brothers to become a deadly, deadly domino,” he said. “When it fell it hurt so many people. We have to break up these banks, they’re not too big to fail. They’re too big to be managed; they’re too big to succeed.”

NEW YORK POST - “Fuld eyes moles in new book”
9:43 pm – 9:43 pm | One Comment
NEW YORK POST - “Fuld eyes moles in new book”

McDonald’s book portrays Fuld and his second-in-command Joseph Gregory, as out-of-touch managers too caught up in their own hubris to recognize that there firm was crumbling around them.

BREAKING NEWS : - ‘A Colossal Failure of Common Sense’ Had Ultimate Inside Access.
12:41 am – 12:41 am | No Comment
BREAKING NEWS : -    ‘A Colossal Failure of Common Sense’ Had Ultimate Inside Access.

The new thriller, direct from the heart of Lehman Brothers, written by the eyewitness, Lawrence G. McDonald, is packed with insider secrets few people would dare reveal.

“A Colossal Failure of Common Sense” Had Ultimate Inside Access.
7:51 pm – 7:51 pm | 3 Comments
“A Colossal Failure of Common Sense” Had Ultimate Inside Access.

The new thriller, direct from the heart of Lehman Brothers, written by the eyewitness, Lawrence G. McDonald, is packed with insider secrets few people would dare reveal.